UK coal scheme future in doubt as sponsor seeks liquidation - reports

clock •

The UK Coal scheme is in danger of falling into the Pension Protection Fund as its sponsoring employer is seeking a voluntary liquidation, according to reports.

UK Coal Operations, is seeking an agreement with creditors after a fire led to the closure of Daw Mill Colliery, one of the three deep mines it operated, earlier this year, according to the Financi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Rethinking the DB endgame - run-on rises up the agenda

Partner Insight: Rethinking the DB endgame - run-on rises up the agenda

Columbia Threadneedle Investments
clock 13 November 2026 • 1 min read
Partner Insight: Bridging the gap between strategy and implementation

Partner Insight: Bridging the gap between strategy and implementation

Funding success has transformed the DB endgame. For trustees, preserving choice is only part of the challenge. "Optionality only matters if you can act on it," says Cyprian Njamma.

Massi Delle Donne, Managing Director and Cyprian Njamma, Director @ BlackRock
clock 12 November 2026 • 2 min read
Partner Insight: Aon Run-on and Surplus Bulletin

How are UK DB schemes turning over a new leaf?

Aon explores how improving funding levels and new regulatory flexibilities are reshaping UK DB schemes

Aon
clock 06 November 2026 • 1 min read
Trustpilot